Amit_Ghosh

Amit_Ghosh

The conservative AB=CD Pattern. In this case, our C Point Retracement is 0.886 and the reciprocal BC Projection is assumed to be 1.13

Amit_Ghosh

Just another discussion - Personal Study

Amit_Ghosh

Just another discussion.

Amit_Ghosh

NIFTY BANK is taking support at this level. Short BANK NIFTY 24100PE AT 110.60. Close it at 80. If you want to hold beyond 80 then target is subject to change from further movement.

Amit_Ghosh

MRF will fill the gap like it always does. Wait for the trade to trigger. Or it will consolidate there for sometime.

Amit_Ghosh

Shorting a bank in this bullish run has high chance of shorting your capital but I am taking the bet to short HDFCBANK Aug 1860 CE with current CMP at 11.5 based on the harmonic pattern I see in its monthly chart.

Amit_Ghosh Updated 

Will be holding till 200 and far.

Amit_Ghosh Updated 

Raymond is in consolidation since decades. Short Raymonds 830 CE.

Amit_Ghosh Updated 

It flown high with the good results so today you may see profit booking but it will fly higher.

Amit_Ghosh

Just another discussion

Amit_Ghosh

Canara Bank earnings missed estimates while asset quality worsened Deutsche Bank maintains Sell rating on Canara Bank with a price target of Rs 250 Betting on reversal with a swing high.

Amit_Ghosh

Just another discussion

Amit_Ghosh

There are two setups. One for traders and another for investors.

Amit_Ghosh Updated 

Fundamental: Because of Tata Tiago sales the plant utilization has gone up; so we see a margin increment. Technical Harmonics. M&M Fin had similar setup last time. Conservative Investors can short 420 PE July options instead of longing it.

Amit_Ghosh Updated 

Bet: Breakout of Ascending Triangle Safe Setup: One can put the 'closing basis stop loss' 3 points from the low of last swing low candle. Normal Setup: Already mentioned Option Setup: One can sell Axis Bank 480 PE Hedge Setup: One can buy 1 lot of Axis Futures and buy 1 lot of Axis Bank 480 PE

Amit_Ghosh Updated 

I bought july futures at 952.2. Current Pirce is 956. My trailing stop loss is at 953

Amit_Ghosh Updated 

I am buying Futures

Amit_Ghosh Updated 

Longing